1534 Riverknolle Rd, Tallassee, AL, 36078
About This Home
Nestled among the trees with abundant shade, this beautiful lakefront home offers the perfect combination of privacy, comfort, and year-round enjoyment. Situated on one of the area's best fishing lakes, you'll love the peaceful, serene setting and breathtaking waterfront lifestyle. This spacious home features 5 bedrooms and 4.5 bathrooms, with the primary suite conveniently located on the main level. The chef's kitchen is designed for both everyday living and entertaining, complete with a large island, granite countertops, a gas range, and plenty of workspace. The fully finished lower level is ideal for guests or multi-generational living, featuring a second kitchen with bedrooms on each side, each with its own private bathroom. Upstairs, you'll find two additional bedrooms, a full bath, and a cozy nook with built-in storage benches overlooking the den below. Outside, the amenities continue with a 2-car garage featuring a 400 sq ft private apartment/office above -mostly finished, under ground fencing for your pets, a separate workshop with a covered boat storage area, and a private pier with a covered boat slip, making it easy to enjoy everything lake life has to offer. An additional lot is also included with the property, providing even more space and possibilities. Whether you're looking for a full-time residence or a lakefront retreat, this exceptional property offers the perfect place to relax, entertain, and create lasting memories. Schedule your private showing today and experience this incredible lake home for yourself!
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Year built: 2003
Materials
- Foundation: Basement
- Roof: Architectural
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
Bedroom1
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
Features
- Fireplace features: Gas
- Fireplace: Yes
Heating
- Heating features: Has Heating (Unspecified Type)
Interior Area
- Total structure area: 3,297
- Total interior livable area: 3,297 sqft
Property
Details
- Parcel number: 2503070001015.0000;2503070001016.0000
Features
- Stories: 2
- Patio & porch: Screen Porch,Covered Deck,Porch
- Exterior features: Shrubs
- On waterfront: Yes
- Waterbody name: Lake Tallassee
Lot
- Lot size: 2.28 Acres
- Features: Wooded,Sloped
Parking
- Parking features: Detached
- Has garage: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Lightning
- Cold Wave
- Drought
- Inland Flooding
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Alabama Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,286 | $39,432 |
| Home Insurance * | $446 | $5,352 |
| Property Taxes | $129 | $1,548 |
| Electricity | $368 | $4,427 |
| Total | $4,229 | $50,748 |
Income You'd Need if You Spent...
Alabama FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-12 | Price change | $634,900 |
| 2026-07-01 | Listed for sale | $649,900 |
| 2018-10-27 | Sold | $385,000 |
| 2018-09-21 | Listed for sale | $395,000 |
| 2017-05-24 | Listing removed | $459,000 |
| 2016-10-30 | Listed for sale | $459,000 |
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